FOR SALE
$400,000 - $440,000

11 Cassia Road
Melton VIC 3337

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 111m2
Land area: 586m2
Improve this data
Auction Time
Sat 30 Nov 1:30 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Exciting Investment Opportunity with Endless Potential!

Set on a sprawling 586m² (approx.) block, this 3-bedroom home offers not only space but the possibility for future development (STCA). Perfect for investors or buyers with a vision, this property comes with the added bonus of an existing income stream, currently leased on a month-to-month basis at $350 per week.
The house features a spacious lounge room that flows into a formal dining area, connecting to an open-plan kitchen fitted with gas appliances. All three bedrooms are equipped with built-in robes, including a master with a full ensuite. A central bathroom and a double carport add to the practicality of this home.
While the house does require some work, it presents a fantastic opportunity for those with a keen eye for renovations to add significant value. With its ample block size and subdivision potential (STCA), the rewards could be substantial for the right buyer.
Situated in a Central location close to schools, shops, and public transport, this property has everything you need to maximize its potential. Don't miss your chance to transform this home into something extraordinary-arrange an inspection today!
Auction terms; On site and Online Auction 10% deposit required on the day with 30/45/60 settlement time frame.
View Statement of Information

Property Details for 11 Cassia Rd, Melton

11 Cassia Rd, Melton is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 586m2 and floor size of 111m2. The place is currently for sale with Barry Plant - Melton.

Building Type
House
Floor Size
111m2
Land Size
586m2

Commute Calculator

About Melton 3337

The size of Melton is approximately 20.3 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Melton in 2011 was 7,592 people. By 2016 the population was 8,063 showing a population growth of 6.2% in the area during that time. The predominant age group in Melton is 60-69 years. Households in Melton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melton work in a trades occupation. In 2011, 64.8% of the homes in Melton were owner-occupied compared with 63.2% in 2016.

Melton has 5,160 properties. Over the last 5 years, Houses in Melton have seen a 22.63% increase in median value, while Units have seen a 13.90% increase. As at 31 October 2024:

  • The median value for Houses in Melton is $473,058 while the median value for Units is $373,025.
  • Houses have a median rent of $400 while Units have a median rent of $375.
There are currently 54 properties listed for sale, and 20 properties listed for rent in Melton on OnTheHouse. According to CoreLogic's data, 219 properties were sold in the past 12 months in Melton.

Melton Profile Page

Suburb Insights for Melton 3337

Visit Melton profile page
Market Insights
Melton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Melton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Melton profile page
Contact agent
Ned Nikolic
Show contact details
Call agent
Barry Plant - Melton
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED